Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    229-231 Kelso Rd Columbus, OH 43202

    Sponsored
    For Sale
    $599,900

    Updated Duplex, Two Units, High ROI

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This charming 1918 Clintonville duplex, located at 229-231 E Kelso Road in Columbus, Ohio, presents a fantastic investment opportunity. Priced at $599,900, this property boasts two units, each featuring three bedrooms, updated kitchens and bathrooms, and a convenient half-bath on the main floor. Original hardwood floors have been refinished, and the property includes recessed lighting and a newer front porch. Each unit enjoys separate off-street parking leading to a one-car garage, with ample additional off-street parking (4+ cars total). The unit at 229 E Kelso Road features a private deck. A shared backyard area provides outdoor space. Both units offer basement storage with in-unit washer/dryer hookups, and additional attic storage exists with potential for future expansion. Currently rented with two-year leases in place, this property offers immediate cash flow. The lot size is 5,662.8 square feet, and the price per square foot is $203.22. Cash offers only. This property is situated in the desirable Clintonville neighborhood, offering a strong rental market and excellent potential for long-term appreciation. The property's condition and features make it an attractive option for both seasoned investors and those new to the multifamily market.

    Property Features for 229-231 Kelso Rd

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1918
    Units
    2

    HighLights

    • Charming 1918 Clintonville duplex, Columbus, OH.
    • $599,900 asking price; two 3‑bedroom units.
    • Updated kitchens & bathrooms; refinished hardwood floors; recessed lighting; newer front porch.
    • Each unit: private off‑street parking, access to one‑car garage, plus 4+ additional off‑street parking spaces.
    • One unit features a private deck; shared backyard; basement storage; in‑unit laundry hookups; attic storage.
    • Currently rented with two‑year leases; strong cash flow.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -83.0066777
    Latitude
    40.0212011

    Nearby Similar for Sale

    • $279,000
      0.15 Acres

      Historic Brick Duplex in Columbus

      Four-bedroom duplex in Old Oaks neighborhood, sold as-is.
      631-633 S Champion Ave, Columbus, OH 43205
      View Details
    • $217,500
      0.15 Acres

      Columbus Duplex with Renovation Potential

      2,340 sq ft duplex in Mt. Vernon neighborhood.
      515-517 N Champion Ave, Columbus, OH 43203
      View Details
    • New
      $750,000
      0.10 Acres

      Updated Duplex Near Children's Hospital

      Updated duplex with modern finishes, ideal for investors or owner-occupants.
      240-242 S 18Th St, Columbus, OH 43205
      View Details
    • $600,000
      0.11 Acres

      Olde Towne East Duplex

      Duplex in vibrant neighborhood with hardwood floors and modern amenities.
      395-397 Stoddart Ave, Columbus, OH 43205
      View Details
    • $1,689,000
      0.12 Acres

      Unique Short Term Rental Property

      Unique short-term rental property near downtown Columbus and German Village.
      43-45 W Markison Ave, Columbus, OH 43207
      View Details
    • $598,000
      3,240 SF

      Minerva Park Office Building

      Two-story office building in Minerva Park with high visibility.
      2505 Woodley Rd, Columbus, OH 43231
      View Details
    • $309,900
      0.12 Acres

      Updated Duplex in Historic Franklinton

      Updated duplex with modern comfort and classic character in Franklinton.
      91-93 N Central Ave, Columbus, OH 43222
      View Details
    • $1,300,000
      0.14 Acres

      Dennison Place Multifamily Investment Opportunity

      Stunning duplex in a prime central location near OSU.
      422-420 W 6Th Ave, Columbus, OH 43201
      View Details
    • New
      $515,000
      0.11 Acres

      Columbus Duplex with Tax Abatement

      Large brick duplex with updates, tax abatement, and parking.
      163-165 N 18Th St, Columbus, OH 43203
      View Details
    • $260,000
      0.10 Acres

      Columbus Duplex Investment Opportunity

      Duplex in good condition, fully occupied, near downtown Columbus.
      151 S Wayne Ave, Columbus, OH 43204
      View Details
    • $299,900
      0.12 Acres

      Updated Duplex in Growing Neighborhood

      Modern duplex with rental potential near downtown Columbus.
      95-97 N Central Ave, Columbus, OH 43222
      View Details
    • $1,100,000
      0.13 Acres

      Renovated Multifamily Near Ohio State

      Renovated 7 bed, 4 bath house with four 1-bed apartments.
      2083 N 4Th St, Columbus, OH 43201
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Updated Duplex, Two Units, High ROI
    Where is this multifamily property located?
    The property is located at 229-231 Kelso Rd Columbus, OH.
    What is the asking price?
    The asking price for this property is $599,900.
    What are key features of this property?
    This property features: Charming 1918 Clintonville duplex, Columbus, OH.; $599,900 asking price; two 3-bedroom units.; Updated kitchens & bathrooms; refinished hardwood floors; recessed lighting; newer front porch.
    Request Owner's contact information
    229-231 Kelso Rd Columbus, OH 43202
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    229-231 Kelso Rd
    Columbus, OH 43202
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    229-231 Kelso Rd Columbus, OH 43202
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.